Mexico Welding Consumables Market Size, Share & Trends Analysis Report By Technology, By Product (Stick Electrodes, Solid wires, Flux-cored Wires, Saw Wires and Fluxes), By End Use, And Segment Forecasts, 2019 - 2025

Published: Nov, 2019 | Pages: 81 | Publisher: Grand View Research
Industry: Materials | Report Format: Electronic (PDF)

The Mexico welding consumables market size is anticipated to reach USD 915.8 million by 2025, expanding at a CAGR of 7.1%, according to a new report by Grand View Research Inc. Increasing demand for advanced welding technologies in high-end manufacturing applications is likely to have a positive impact on market. Moreover, an increasing number of construction projects in the country are expected to support the market growth.

Rapid innovations in the automotive and aerospace sectors are anticipated to introduce new products with improved durability and enhanced performance, thus are likely to boost the market. These products provide an ease in the welding mechanism, thus are popular in small and large scale welding applications. In 2018, the automotive and transportation application segment accounted for largest market share. The segment is anticipated to exhibit highest CAGR over the forecast period.

High-performance welding with smooth finishes and easy handling offered by these products are utilized widely for several welding technologies such as resistance, arc, oxy-fuel, and laser beam. These technologies are likely to witness significant growth owing to advantages like deep weld penetration and minimum weld area. The laser beam technology segment is expected to witness highest CAGR over the forecast period. The technology offers concentrated heat that can be used for narrow and deep welds.

Key participants in the industry are focusing on achieving optimum business growth by offering the welding consumables to the original equipment manufacturers in the country. The market is characterized by extensive competition, wherein, the players are offering consumables along with other products and technologies.

Further Key Findings from the Report Suggest:

• The laser beam technology segment is anticipated to exhibit the fastest CAGR of 8.1% over the forecast period on account of high weld quality, less operational time, and substituting the use of electrodes

• The automotive and transportation segment accounted for a share of 43.1% in 2018 on account of increasing related manufacturing operations in Mexico

• The revenue for stick electrodes in the country stood at USD 202.4 million in 2018. Automotive applications are anticipated to propel the demand for stick electrodes

• The building and construction application segment is likely to have a positive impact on the Mexico welding consumables market owing to pipelined construction projects to be completed by 2025

• The market is expected to register notable mergers and acquisitions such as The Lincoln Electric Company acquiring Air Liquide Welding Ltd., a subsidiary of Air Liquide, at a purchase price of USD 142.53 million.

Table of Contents

Chapter 1. Methodology & Scope
1.1. Research Methodology
1.2. Research Scope and Assumptions
1.3. List of Sources
Chapter 2. Executive Summary
2.1. Mexico Welding Consumables Market - Market Snapshot
Chapter 3. Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Global Welding Consumables Market Outlook
3.2. Penetration & Growth Prospects Mapping
3.3. Mexico welding consumables market - Value chain analysis
3.4. Technology Overview
3.4.1. Hybrid Welding
3.4.2. Advanced Manufacturing
3.5. Regulatory framework
3.5.1. Occupational safety and health administration- PEL
3.5.2. Local Exhaust Ventilation (LEV) guidelines
3.5.3. American National Standard (ANSI Z49.1:2012)
3.5.4. Standard & Compliances
3.6. Mexico welding consumables market dynamics
3.6.1. Market driver analysis
3.6.2. Market restraint analysis
3.6.3. Industry Challenge
3.7. Mexico welding consumables market - Porter's five forces analysis
3.7.1. Supplier Power
3.7.2. Buyer Power
3.7.3. Threat of Substitution
3.7.4. Threat of New Entrant
3.7.5. Competitive Rivalry
3.8. Mexico welding consumables market - PESTEL analysis
3.8.1. Political
3.8.2. Economic
3.8.3. Social
3.8.4. Technological
3.8.5. Environmental
3.8.6. Legal
3.9. Major Deals & Strategic Alliances
Chapter 4. Mexico Welding Consumables Market: Technology Estimates & Trend Analysis
4.1. Mexico Welding Consumables Market - Technology Movement Analysis, 2018 & 2025
4.2. Arc Welding
4.2.1. Mexico Arc Welding Consumables market estimates and forecasts, 2014 - 2025 (USD Million)
4.3. Resistance Welding
4.3.1. Mexico Resistance Welding Consumables market estimates and forecasts, 2014 - 2025 (USD Million)
4.4. Oxy-Fuel Welding
4.4.1. Mexico oxy-fuel Welding Consumables market estimates and forecasts, 2014 - 2025 (USD Million)
4.5. Laser Beam Welding
4.5.1. Mexico Laser Beam Welding Consumables market estimates and forecasts, 2014 - 2025 (USD Million)
4.6. Others
4.6.1. Mexico Other Welding Consumables market estimates and forecasts, 2014 - 2025 (USD Million)
Chapter 5. Mexico Welding Consumables Market: Product Estimates & Trend Analysis
5.1. Mexico Welding Consumables Market - Product Movement Analysis, 2018 & 2025
5.2. Stick Electrodes
5.2.1. Mexico Stick electrodes market estimates and forecasts, 2014 - 2025 (USD Million)
5.3. Solid Wires
5.3.1. Mexico Solid Wires market estimates and forecasts, 2014 - 2025 (USD Million)
5.4. Flux-Cored Wires
5.4.1. Mexico Flux-Cored Wires market estimates and forecasts, 2014 - 2025 (USD Million)
5.5. Saw Wires and Fluxes
5.5.1. Mexico Saw Wires and Fluxes market estimates and forecasts, 2014 - 2025 (USD Million)
5.6. Other Products
5.6.1. Mexico other welding consumables market estimates and forecasts, 2014 - 2025 (USD Million)
Chapter 6. Mexico Welding Consumables Market: End-use Estimates & Trend Analysis
6.1. Mexico Welding Consumables Market - End-use Movement Analysis, 2018 & 2025
6.2. Automotive & Transportation
6.2.1. Market estimates and forecasts, in Automotive & Transportation 2014 - 2025 (USD Million)
6.3. Building & Construction
6.3.1. Market estimates and forecasts, in Building & Construction 2014 - 2025 (USD Million)
6.4. Marine
6.4.1. Market estimates and forecasts, in Marine 2014 - 2025 (USD Million)
6.5. Others
6.5.1. Market estimates and forecasts, in other applications 2014 - 2025 (USD Million)
Chapter 7. Competitive Landscape
7.1. Key players & recent developments & their impact on the industry
7.1.1. Colfax Corporation
7.1.2. Voestalpine AG
7.1.3. The Lincoln Electric Company
7.2. Vendor Landscape
7.2.1. List of key distributors and channel partners
7.2.2. Key importers by product
7.2.3. List of key Chinese welding consumables manufacturers from China
7.3. Public Companies
7.3.1. Company market position analysis
7.3.2. Company ranking
7.3.3. SWOT
7.4. Private Companies
7.4.1. List of key emerging companies/technology disruptors/innovators and their geographical presence
7.4.2. Company market position analysis
Chapter 8. Company Profiles
8.1. Colfax Corporation
8.1.1. Company Overview
8.1.2. Financial Performance
8.1.3. Product Benchmarking
8.1.4. Strategic Initiatives
8.2. Veostalpine AG
8.2.1. Company Overview
8.2.2. Financial Performance
8.2.3. Product Benchmarking
8.2.4. Strategic Initiatives
8.3. Air Liquide Welding Ltd.
8.3.1. Company Overview
8.3.2. Financial Performance
8.3.3. Product Benchmarking
8.3.4. Strategic Initiatives
8.4. The Lincoln Electric Company
8.4.1. Company Overview
8.4.2. Financial Performance
8.4.3. Product Benchmarking
8.4.4. Strategic Initiatives
8.5. Hyundai Welding Co., Ltd.
8.5.1. Company Overview
8.5.2. Financial Performance
8.5.3. Product Benchmarking
8.5.4. Strategic Initiatives
8.6. Obara Corporation
8.6.1. Company Overview
8.6.2. Financial Performance
8.6.3. Product Benchmarking
8.6.4. Strategic Initiatives
8.7. Weld Mold Company
8.7.1. Company Overview
8.7.2. Financial Performance
8.7.3. Product Benchmarking
8.7.4. Strategic Initiatives
8.8. Welding Alloys Group
8.8.1. Company Overview
8.8.2. Financial Performance
8.8.3. Product Benchmarking
8.8.4. Strategic Initiatives
8.9. CenterLine Holdings Inc.
8.9.1. Company Overview
8.9.2. Financial Performance
8.9.3. Product Benchmarking
8.9.4. Strategic Initiatives
8.10. ESAB
8.10.1. Company Overview
8.10.2. Financial Performance
8.10.3. Product Benchmarking
8.10.4. Strategic Initiatives

List of Tables

Table 1 Mexico arc welding consumables market estimates and forecasts, 2014 - 2025 (USD Million)
Table 2 Mexico resistance welding consumables market estimates and forecasts, 2014 - 2025 (USD Million)
Table 3 Mexico oxy-fuel welding consumables market estimates and forecasts, 2014 - 2025 (USD Million)
Table 4 Mexico laser beam welding consumables market estimates and forecasts, 2014 - 2025 (USD Million)
Table 5 Mexico other welding consumables market estimates and forecasts, 2014 - 2025 (USD Million)
Table 6 Mexico stick electrodes market estimates and forecasts, 2014 - 2025 (USD Million)
Table 7 Mexico solid wires market estimates and forecasts, 2014 - 2025 (USD Million)
Table 8 Mexico flux-cored wires market estimates and forecasts, 2014 - 2025 (USD Million)
Table 9 Mexico saw wires and fluxes market estimates and forecasts, 2014 - 2025 (USD Million)
Table 10 Mexico other welding consumables market estimates and forecasts, 2014 - 2025 (USD Million)
Table 11 Mexico welding consumables market estimates and forecasts, in automotive & transportation 2014 - 2025 (USD Million)
Table 12 Mexico welding consumables market estimates and forecasts, in building & construction 2014 - 2025 (USD Million)
Table 13 Mexico welding consumables market estimates and forecasts, in marine 2014 - 2025 (USD Million)
Table 14 Mexico welding consumables market estimates and forecasts, in other applications 2014 - 2025 (USD Million)

List of Figures

Fig. 1 Mexico welding consumables market - Market snapshot
Fig. 2 Global welding consumables market: 2014 - 2025 (USD Million)
Fig. 3 Mexico welding consumables market: Penetration & growth prospects mapping
Fig. 4 Mexico welding consumables market - Value chain analysis
Fig. 5 Mexico welding consumables market dynamics
Fig. 6 Mexico welding products market driver impact analysis
Fig. 7 U.S. Automotive production output (Units)
Fig. 8 Mexico Aerospace Exports (USD Million)
Fig. 9 Mexico welding consumables market restraint analysis
Fig. 10 Mexico welding consumables market - Porter's five forces analysis
Fig. 11 Mexico welding consumables market - PESTEL analysis
Fig. 12 Mexico Welding Consumables Market - Technology Movement Analysis, 2018 & 2025
Fig. 13 Mexico Welding Consumables Market - Product Movement Analysis, 2018 & 2025
Fig. 14 Mexico Welding Consumables Market - Application Movement Analysis, 2018 & 2025
Fig. 15 Mexico welding consumables market - Brand positioning,